Facebook prices IPO at $38 per share

DanGallagher

SAN FRANCISCO (MarketWatch) - Facebook Inc.
FB, +0.81%
priced its initial public offering at $38 per share Thursday afternoon. The pricing of the IPO comes in at the high end of the social network giant's previously expected price range of $34-$38 per share. The company sold about 421.2 million shares in the debut; 180 million shares were sold by the company itself, with the remaining shares coming from selling shareholders. Underwriters have been granted over-alottment options of about 63.2 million shares.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.